Trump to increase the pressure of customs tariffs with messages to trade partners on new prices

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On Friday, the White House will start notifying trade partners unilaterally at new tariff rates on their exports to the United States, said Donald Trump before the deadline looming on July 9 to complete the new deals.

Trump told the correspondents overnight that he is expected to send “10 or 12” messages on Friday, with more in the coming days until it is “completely covered” by the deadline on Wednesday.

Trump said the new customs tariff “will range from 60 or 70 percent of the tariff to 10 and 20 percent of the customs tariff”, which raises the possibility that some countries will obtain higher fees than those announced on “Tahrir Day”, April 2.

Trump had initially expected that there would be a wave of deals with the main commercial partners due to pressure from the huge “liberation day” tariff. But he seemed to indicate on Thursday that his patience was running out.

While “other deals” are coming, Trump said that others will face one -sided treatment. He said: “Millie is sending a letter abroad and saying what are the definitions they will pay.” “It is much easier.”

The president did not say whether the definitions would be the blanket prices imposed on all goods, or whether they may include fees on specific products. Cars and steel tariffs are already at 25 and 50 percent, respectively.

Trump said that the new prices will be effective as of August 1 and the United States will start earning income from that date.

The US tariff revenue increased by nearly four times in May by a year to 24.2 billion dollars – an increase of more than 25 percent over one month, according to the data Published this week.

Trump imposed the so -called mutual definitions on American commercial partners by up to 50 percent on “Tahrir Day”. Under pressure from bond markets, he quickly suspended 90 days for countries to negotiate.

Since then, only two governments – the United Kingdom and Vietnam – have concluded agreements in principle, leaving the bottleneck before the deadline on July 9.

Most countries have paid a 10 percent essential tariff for most other goods since Trump began to stop, pending the results of the negotiations.

The main American security partners, such as Japan – which received a 24 percent tariff on April 2 – were slow to reach the agreement. Trump This week is threatened To impose a 30 or 35 percent tariff on Tokyo if it is not possible to agree on a deal.

The “Liberation Day” definitions were calculated based on the volume of the trade deficit of each country with the United States, with the presence of major Asian manufacturing centers for consumer elements in the United States, such as Vietnam, are the most difficult blow.

Trump announced this week that Vietnam – which slapped the “Tahrir Day” tariff by 46 percent – will pay a 20 percent apartment tax on the carriers manufactured in the country. You will face the goods that are simply shipped via Vietnam by 40 percent.